ECB Governing Council Nagel: The German economic situation is challenging.

Exxon Mobil Petroleum (XOM.N) 2050 Global Outlook: By 2050, global energy-related carbon dioxide emissions will be reduced by 25%.

National Hurricane Center: Hurricane Franklin rapidly intensifying.

According to Politico: The Pentagon is pushing for rapid production of autonomous systems, with plans to deploy thousands of autonomous systems within two years.

The U.S. 2-year Treasury yield fell to 5.054%.

European Council President Michel: The EU should be ready to admit new members by 2030.

ECB Governing Council Nagel: We should avoid needing a bank resolution framework under any circumstances, but if needed, I believe the framework will work.

According to Punchbowl: U.S. House of Representatives Speaker McCarthy to launch congressional investigation into Hawaii fires.

According to Punchbowl: US House of Representatives Speaker McCarthy will travel to Hawaii this week.

ECB Governing Council Nagel: Will wait for data before making next decision.

ECB Governing Council Nagel: We will see in September what we have to do, I will not send any signal today.

Market news: Deutsche Bahn members vote against unrestricted strikes.

Chevron Australia spokesperson: We will continue to work hard to find a result that is in the interests of employees and the company through the negotiation process.

Chevron Australia Spokesperson: Received notification of protected industrial action at downstream facilities in Gorgon and Wheatstone, which commenced on 7 September. Employees are entitled to protected industrial action; steps will be taken to maintain "safe and secure operations".

The medical company THORNE HEALTHTECH (THRN.O) rose more than 28% before the market. American private equity CATTERTON proposed to acquire it at US$10.20 per share, with a transaction value of approximately US$680 million.

National Hurricane Center: Storm Idalia will intensify into a hurricane later today as it approaches western Cuba. It is currently about 90 miles (150 kilometers) south of the tip of Cuba; maximum sustained winds are 65 mph.